Search For "monetary"
IMF urges Pakistan to bring reforms to energy sector
Updated : 1 year, 10 months ago IST
The International Monetary Fund (IMF) has urged Pakistan to bring "strong cost-side reforms" to restore the viability of the country's energy sector, reported ARY News.
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Monsoon holds key for RBI's future monetary policy actions
Updated : 1 year, 10 months ago IST
As parts of India witness heatwaves this summer, chances of Reserve Bank of India (RBI) cutting key interest rates in have also diminished.
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IMF warns of high downside risks for Pakistan's economy
Updated : 1 year, 10 months ago IST
This uncertainty, it warns, could have profound effects on policymaking, particularly given the high cost of living and other political complexities.
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IMF support team arrives in Pakistan to discuss new loan programme
Updated : 1 year, 10 months ago IST
An International Monetary Fund (IMF) team arrived in Pakistan on Friday, to hold talks as they requested a longer and larger size of bailout package under the Extended Fund Facility (EFF), reported Geo News.
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IMF mission to visit Pakistan again this month for new loan program
Updated : 1 year, 10 months ago IST
An International Monetary Fund (IMF) mission is set to visit Pakistan this month regarding a new loan program and to discuss policies and reforms, reported Samaa TV.
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RBI imposes monetary penalty on Satara Sahakari Bank Limited
Updated : 1 year, 10 months ago IST
According to RBI, the penalty, imposed by an order dated April 29, 2024, has been invoked under the powers vested in RBI, conferred under section 47A(1)(c) read with sections 46(4)(i) and 56 of the BR Act.
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US Fed says further interest rate hike unlikely going ahead
Updated : 1 year, 10 months ago IST
US Federal Reserve Chair Jerome Powell said a further interest rate hike from here is unlikely and the central bank is currently focused on its restrictive monetary policy stance.
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US Fed vows to hold policy rate "as long as appropriate" to bring inflatio
Updated : 1 year, 10 months ago IST
US Federal Reserve Chair Jerome Powell said it was prepared to maintain the current interest rate for "as long as appropriate" so as to align the inflation rate with its 2 per cent target.
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Inflation worries continue for US Fed, no policy rate cut for sixth time
Updated : 1 year, 10 months ago IST
The US Federal Reserve, in its latest monetary policy meeting, voted to leave the key interest rate unchanged at 5.25-5.50 per cent, keeping the policy rate unchanged for the sixth straight time on the trot.
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Star Health Insurance Records PAT Growth of 37% to Rs 845 Crores in FY24
Updated : 1 year, 10 months ago IST
Chennai (Tamil Nadu) [India], May 1: Star Health and Allied Insurance Company Ltd. (Star Health Insurance), market leader in retail health insurance, today announced robust financial results for its Q4 and FY2024. In FY'24 the Company reported a record profit of Rs 845 Cr, up 37% and an incr
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Stock market shut for Maharashtra Day
Updated : 1 year, 10 months ago IST
The next market holiday is on May 20 for General Elections.
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State Bank of Pakistan receives USD 1.1 billion funding from IMF
Updated : 1 year, 10 months ago IST
The State Bank of Pakistan (SBP) has received around USD 1.1 billion from the International Monetary Fund (IMF), a day after the global lender approved the last tranche of Pakistan under the USD 3 billion Stand-By Arrangement (SBA).
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